in turn enable further types of interactions beyond the realm of business. The genius of the market is that it enables a wide array of individuals, groupings, and associations to organize spontaneously to advance their various interests in a cooperative fashion that yields win-win arrangements.
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Don’t Panic: A Skeptic’s Guide to the AI Jobs Doomsday
As technology advances it has periodically bred the fear that progress will destroy jobs and livelihoods. History teaches that these fears are usually misplaced.
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Free the Economy podcast: The Great Realignment with Stephen Davies
In this week’s episode we cover US companies getting hammered by tariffs, jobs that are surprisingly not getting replaced by AI,…
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Adam Smith’s Wealth of Nations at 250
Last week I participated in a National Association of Scholars event on the 250th anniversary of Adam Smith’s The Wealth of Nations. The…
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Virtuous Capitalism in Theory and Practice
Government is responsible for billions and billions of dollars of corruption and corporate welfare. Considering the potential returns on investment compared to honest entrepreneurship, it…
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Reviving Capitalism
The near-death and rebirth of American railroads is a case study in business leaders fending off regulation.
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Sell a Kidney, Save a Life
Last week I blogged about the idea that some things should not be part of a market economy, and highlighted one rather silly example of…
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Virtuous Capitalism, or, Why So Little Rent-Seeking?
The venerable Fred Smith and I have a new paper out today. Click here to read it. In the paper, we try to solve the Tullock…
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Virtuous Capitalism
Is there less corruption in business than we think?…
The Courier-Journal
Schnatter: Free enterprise benefits society
The Courier-Journal discusses why Papa John's CEO John Schnatter supports free enterprise by referencing data from a report by CEI. Simply look at…
